Global Loop Heat Pipes Market Growth 2024-2030

Global Loop Heat Pipes Market Growth 2024-2030

A loop heat pipe (LHP) is a two-phase heat transfer device that uses capillary action to remove heat from a source and passively move it to a condenser or radiator.

The global Loop Heat Pipes market size is projected to grow from US$ 29.1 million in 2024 to US$ 39.7 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Loop Heat Pipes Industry Forecast” looks at past sales and reviews total world Loop Heat Pipes sales in 2023, providing a comprehensive analysis by region and market sector of projected Loop Heat Pipes sales for 2024 through 2030. With Loop Heat Pipes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Loop Heat Pipes industry.

This Insight Report provides a comprehensive analysis of the global Loop Heat Pipes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Loop Heat Pipes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Loop Heat Pipes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Loop Heat Pipes and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Loop Heat Pipes.

The core manufacturers of Loop Heat Pipes worldwide include Boyd Corporation, Mott Corporation and Fujikura. The top three companies have a market share of about 47%. North America is the world's largest market for Loop Heat Pipes with a market share of about 38%, followed by Europe and China with a market share of 31% and 18%, respectively. In terms of product type, Cylindrical Evaporator is the largest segment with approximately 72% market share. In terms of applications, Aerospace is the largest downstream segment, accounting for about 65% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Loop Heat Pipes market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Cylindrical Evaporator
Flat Plate Evaporator

Segmentation by Application:
Aerospace
Electronic Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Boyd Corporation
Mott Corporation
Fujikura
Calyos
Advanced Cooling Technologies (ACT)
Arquimea
Celsia Technologies
Thermatech
Shenzhen VC Thermal Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Loop Heat Pipes market?

What factors are driving Loop Heat Pipes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Loop Heat Pipes market opportunities vary by end market size?

How does Loop Heat Pipes break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.